This thesis analyzes the factors that determine the portfolio investments to Turkey in the period from 1989:04 to 2008:12. The factors that are examined are budget balance, current account balance, nominal exchange rate between the Turkish Lira and the US dollar, Turkish domestic interest rate, US 3-months Treasury Bill rate, annual inflation rate in Turkey and ISE 100 Index. A Vector Autoregressive Model is used for the purpose of examining the impacts of these variables on the level of portfolio investments to Turkey. The results of the model show that the portfolio investment in Turkey was affected positively by domestic interest rates and negatively by ISE 100 Index in the period before 2001. On the other hand, it is affected positively by exchange rate and US interest rate in the post-crisis period. It is also found that current account deficit affect portfolio investments negatively.

Thesis (LL.M.)--Victoria University of Wellington, 2009. / Includes bibliographical references.

Master's thesis. / Format: PDF. Bibl.

Master's thesis. / Format: PDF. Bibl.

Hovedopgave. / Format: PDF. Bibl.

This dissertation will explore how developing provinces within countries attract foreign direct investment. The policy implication to this study is important because it could account for the uneven distribution of growth in developing countries that so frequently leads to dual economies. To attract foreign direct investments, provincial governments compete among themselves trying to appeal to international investors. There is consensus in the economic development literature that both economic and political variables interact to advance a nation's economy. The ability for a country to provide a free market economy to exchange goods and ideas makes the environment more favorable for investors, hence it makes sense to focus on institutions that can attract FDI if the government is committed to developing its economy and compete in the global market. Political factors serves as an important component of strengthening a country's economy. Political variables such as political capacity have helped ensure the success of a growing economy. Governments must possess the ability to extract resources from its people, thereby pursuing policy goals to create a more favorable market environment for investors. Investors then feel more confident and comfortable investing in these economies. This political variable has helped countries redefine themselves in the global community as credible and safe countries for investment. However, this political variable alone is not enough to explain how to attract foreign direct investments in developing countries. Rather, governments must also possess the economic tools necessary, such as economic growth and an open economy. These economic tools combined with political capacity can effectively attract foreign direct investments. Many provinces in developing countries lack these variables, thereby jeopardizing the opportunity to attract foreign direct investments and compete in the global market. Hence, I look at both the political and economical variables as an interaction variable as a strong indicator to attract foreign direct investments. If my work is successful, I hope that these findings can serve as a policy tool for provinces of developing countries to effectively attract foreign direct investments in a competitive global market.

Thesis (Ph. D.)--University of Oregon, 2007. / Typescript. Includes vita and abstract. Includes bibliographical references (leaves 104-108). Also available for download via the World Wide Web; free to University of Oregon users.

Thesis (Ph. D.)--University of Washington, 2007. / Vita. Includes bibliographical references (leaves 190-205).

Thesis (D.B.A.) -- University of Western Sydney, Nepean, 2001. / Thesis submitted for the degree of Doctor of Business Administration, University of Western Sydney, Nepean, 2001. Includes bibliographical references.

Thesis (Ph.D.) -- University of Western Sydney, Hawkesbury, 1999. / Spine title: Sino-foreign negotiation. Thesis submitted for the degree of Doctor of Philosophy. Includes bibliographical references (p. 572-574).